The Circuit of the Americas in Austin agreed to bump its inaugural Formula One grand prix to 2013 in light of recent financial troubles and F1 Muppet-master Bernie Ecclestone's promise/threat to hold the race back until he gets his money.

In a statement released to the press, Steve Sexton, the Circuit of the Americas president, announced the delay, which they hope will give the Austin track a chance to get its affairs in order for the F1 circus to make its way to Texas. Hopefully, plans to bring MotoGP and Aussie V8 Supercars to the track are still on schedule.